Lucintel’s latest market report analyzed that tumbler with lid provides attractive opportunities in outdoor activities such as camping, hiking, fitness, and travel. The tumbler with lid market is expected to reach $3.3 billion by 2025 with a CAGR of 6.8%. In this market, stainless steel is the largest segment by material type, whereas sports and outdoor activities is largest by application. The introduction of vacuum sealing and coating technology and increasing demand for temperature retention tumblers provides strategic growth path in this market.
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Based on material type, the tumbler with lid market is segmented into stainless steel, plastic, and glass and others. The stainless steel segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to exceptional temperature retention properties, durability, and superior toughness.
Browse in-depth TOC on “Tumbler with Lid Market”
102 – Tables
145 – Figures
214 – Pages
The tumbler with lid market is marked by the presence of several big and small players. Some of the prominent players offering tumbler with lid include Newell Brands, Tupperware Brands, Yeti Holding, Xiamen Xaoyuren Home Appliance and Technology Co., Thermos, Tervis Tumbler, Hydro Flask, and Tritan USA and others.
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